In his new book, Elliot Rosen holds that economic thought regarding appropriate functions of the federal government has not changed since the Great Depression. The political debate is still being waged between advocates for direct intervention at the federal level and those for the Hoover ethic with its stress on individual responsibility. The question remains whether preservation of an unfettered marketplace and our liberties remain inseparable or whether enlarged governmental functions are required in an increasingly complex national and global environment. By offering a well-researched account of the antistatist and nationalist origins not only of the debate over legitimate federal functions but also of the modern Republican Party, this book affords insight into such contemporary political movements as the Tea Party.
Elliot A. Rosen, Professor Emeritus of History at Rutgers University, is author of Hoover, Roosevelt, and the Brains Trust: From Depression to New Deal and Roosevelt, the Great Depression, and the Economics of Recovery (Virginia).